Intel Details

India: Melting scrap prices drop on soft finished steel demand

Melting Scrap
25 Oct 2021, 17:58 IST
Steel Mint Intel

Melting scrap prices saw a minor correction at key locations in the country on 25 Oct'21, as per SteelMint reports. The factors behind the slight correction were limited finished steel movements due to higher prices amidst moderate transactions in semi-finished steel. However, in the Raipur market in central India scrap prices remained supported following positive trends in semi-finished steel prices, SteelMint notes.

25 Oct 2021, 17:58 IST
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